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Endeavour’s Centamin merger bid faces new setback as French officials launch corruption investigation into CEO
M&A WATCH- Endeavour’s bid to merge with Centamin faces hurdle as report suggests CEO De Montessus is target of corruption…
Endeavour isn’t giving up on Centamin merger plans
M&A WATCH- Endeavour isn’t giving up on Centamin merger plans: Endeavour Mining is “reaching out to Centamin shareholders” in an…
Centamin rejects USD 1.9 bn Endeavour merger proposal
M&A WATCH- Centamin rejects USD 1.9 bn Sawiris-backed Endeavour merger proposal: The board of gold mining company Centamin has unanimously…
Exec regs for Mineral Resources Act coming this month
REGULATION WATCH- Exec regs for Mineral Resources Act coming this month: The Council of State (Maglis El Dawla) should complete…
Sawiris’ La Mancha plans GBP 6.6 mn investment in Altus Strategies:
Naguib Sawiris’ La Mancha mining company has signed a letter of intent to invest GBP 6.6 mn in Altus Strategies,…
Egypt in the News on 28 October 2019
It’s a wasteland in the international press this morning: Business leaders in the mining sector aren’t too thrilled with the…
Investors express interest in Egypt’s mining sector
British Principal Verve International President Jeremy Crozier and London’s Capital Drilling CEO Brian Rudd expressed their interest in gold mining…
Centamin CEO Andew Pardey to retire
MOVES- Centamin CEO Andrew Pardey will retire after almost four years in the role, the company said last week. Pardey…
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